Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (10057)	10/15/1999 10:30:00 PM
From: Maverick	Respond to of 21876

LU wins $3M large-scale cabling & NW contract w/ China October 15, 1999 13:14 -LUCENT TECHNOLOGIES: Lucent wins large-scale cabling and data networking contract M2 PRESSWIRE-15 October 1999-LUCENT TECHNOLOGIES: Lucent wins large-scale cabling and data networking contract (C)1994-99 M2 COMMUNICATIONS LTD * To construct China's nationwide vocational and educational campus information system BEIJING, CHINA -- Lucent Technologies (NYSE: LU) has announced a contract with China Huayu Development Corporation to construct China's nationwide vocational and educational campus information system, a large-scale project combining cabling and data networking technologies in China. The contract is valued at more than US$3 million. Under the agreement, Lucent will provide its preeminent and reliable SYSTIMAX Structured Connectivity Solutions (SCS), Power Sum Solutions, as well as a series of Cajun Campus data networking switches and services, to support multimedia education on all of the 200 campuses. Of these, 100 campuses will deploy Lucent's Cajun Campus data networking solutions. The project will cover all education management information systems in national, provincial, municipal and prefectural vocational education management schools in China. The total number of the information outlets is 100,000, with an average of 200-300 outlets in each of the campuses. Lucent's SYSTIMAX SCS can support up to 1,000 Mbps error-free transmission and 550MHz broadband applications. In support of multimedia education on every campus, the system has the ability to transmit data, voice and video reliably and smoothly. Lucent's award-winning Cajun P550 Gigabit Switch and the company's Cajun 120 Workgroup Switch will provide vocational and educational campuses with high-speed, integrated, Ethernet networking solutions, connecting all dispersed teaching premises as well as libraries on the campus. "We are very pleased to provide the first-class SYSTIMAX SCS and our acclaimed Cajun Campus data networking products for China's vocational education campus," said Mr. David Poon, managing director for Global Commercial Markets, Lucent Technologies Greater China. "Education is the keystone of China's development. We are proud to have the opportunity to contribute to education in China with our advanced information technology. This contract represents a landmark signing for Lucent's cabling and data networking business in China." The Information Engineering Department of China Huayu Development Company (Huayu) is the Golden System Integrator for Lucent SYSTIMAX SCS and data networking products, responsible for the design and installation for this significant project. "We are honored to design and deploy the cabling and data networking systems for a nationwide vocational and educational campus," said Xiang Zizhi, general manager of China Huayu Development Corporation. "We believe our superior design and installation, together with Lucent Technologies' high-quality products, will deliver a truly world-class, state-of-the-art system for the campuses." Lucent's Global Commercial Markets will cooperate with Huayu in the design, construction and after-sales service. The project has already started and is expected to complete at the end of the year. Upon the completion of the project, all vocational and educational campuses will be awarded a 15-year Product Warranty and Application Assurance. In China, Lucent Technologies has seven offices, eight joint ventures and three wholly-owned companies, managing the production and business of a wide range of network facilities. Lucent Technologies China employs more than 3,500 staff and has already set up its research and development arm, Bell Laboratories, in both Shanghai and Beijing. CONTACT: Karen Chen, Lucent Technologies China Tel: +86 10 6522 5566 x 6961 e-mail: kchen@lucent.com Ada Ho, Lucent Technologies Hong Kong Tel: +852 2506 8034 e-mail: adaho@lucent.com